Unit 6 - 22759: Accounting and ERP (B. Wieder) 22/03/2010...

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Unformatted text preview: 22759: Accounting and ERP (B. Wieder) 22/03/2010 Chapter 7.4: ISSUES IN AA: MASTER DATA MGT & ADVANCED PROCESSES © Bernhard Wieder (occ. Ref. to SAP-AG) 2010 - 141 About Asset Accounting Asset Accounting (AA) systems serve several purposes which can be summarised as ensuring the organisation’s fixed assets are acquired, safeguarded, controlled, disposed of, and accounted for in accordance with regulations accounting requirements and in in accordance with regulations, accounting requirements, and in a manner that supports the objectives of an organisation. SAP FI-AA Designed for managing and monitoring fixed assets (i.e. tangible noncurrent assets), but can also be used for intangible assets. Key OrgUnits: Key Master Data: Chart of Depreciation Asset Master Company Code Cost Centres Business Area Vendors, etc. Plant © Bernhard Wieder (occ. Ref. to SAP-AG) 2010 - 142 1 22759: Accounting and ERP (B. Wieder) 22/03/2010 Parallel Accounting in AA With the New GL in SAP ERP, each ledger may have it own it’s own depreciation area, supporting automated parallel valuation and postings for AA as well! © Bernhard Wieder (occ. Ref. to SAP-AG) 2010 - 143 Simple Reconciliation through GL-recon Account is no Longer Enough! © Bernhard Wieder (occ. Ref. to SAP-AG) 2010 - 144 2 22759: Accounting and ERP (B. Wieder) 22/03/2010 Asset Life Cycle Stage: Scenarios: Acquisition From external vendor, from affiliated company, fully or partly produced in-house, etc. Changes Planned: - Loss of value as reflected in ordinary depreciation Unplanned: - Loss of value as represented in unplanned depreciations - Movement of asset eg from one business area to another - Increase in value e.g. because of add-on, substantial repairs or other reasons, etc. Retirement - With revenue from e.g. customer, affiliated company, etc. - With cost e.g. clean-up cost etc. © Bernhard Wieder (occ. Ref. to SAP-AG) 2010 - 145 The Asset Explorer (AW01N) The Asset Explorer is an advanced but quite easy-to-use online reporting tool for asset values and depreciation, in various forms and summarization levels. Planned values are displayed, as well as values already posted. The Asset Explorer consists of the: Header, in which you enter the company code, asset number and year. Overview tree, with which you can navigate between different depreciation areas. Tab area, in which you analyse plan values and posted values using different parameters, and compare fiscal years and depreciation areas. Object area, which allows you to navigate related master records. © Bernhard Wieder (occ. Ref. to SAP-AG) 2010 - 146 3 22759: Accounting and ERP (B. Wieder) 22/03/2010 Posting Depreciation Another background process Very sensitive and controlled process (to be executed by lecturer only lecturer only) Modes and period control: “Planned posting run”, if planned posting run of previous period has already been executed. Only for all assets (no restrictions possible) “Repeat run”, if planned posting run of current period has already been executed, but changes to asset data/transactions have occurred since then. Can be restricted to (groups of) assets. (g “Restart run”, if planned posting run of current period has already been executed, but terminated before completion. “Unplanned posting run”, without period control☺ (but has to be in current asset year). © Bernhard Wieder (occ. Ref. to SAP-AG) 2010 - 147 4 ...
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